Lower-risk equity exposure for a better income

It’s been a difficult 10 years for income seekers, with interest rates still at historically low levels. Even if there are more increases in the next year or two, interest rates are unlikely to rise much higher. So if you're seeking income but can't take much risk with your investments, or have a portion of your portfolio that you want to keep in lower-risk assets, this presents a problem. Cash isn't generating much, but higher return assets mean taking on more risk and potential volatility.